Sabtu, 31 Januari 2009

Big Week Again! XAG (Silver rally) Here's why----

I had to embed this next video.I know the last video series got deleted. Too bad, because many needed to learn the lessons that were YouTubed for those who don't get the BBC.This video was sent to me from one of my kind readers and friends, Jim from Oregon.ATTENTION:What follows is my personal view. This notation is necessary or I'd have to have a million disclaimers attached to my site, a real

Kamis, 29 Januari 2009

Maybe You're Pretty Good After All! - IFCN Wk 60 –Thu- Equity: $2,656.39

Budget out an hour of your time. You have a series of videos to watch.I know that most of you who follow this site are individuals who have fought a long time to become profitable in forex, or futures and stock trading. The rest of you are likely at the start of finding out whether trading is suitable for you.Not to be negative, but trading probably isn't the right thing for most of you.Not

Selasa, 27 Januari 2009

Glimmers of H-o-p-e or Just Gas? -- IFCN Wk 60 –Tues- Equity: $2,594.64

A few points of note:

According to some very popular news sources, because German business confidence rose somewhat unexpectedly and the U.S. stock index futures advanced yesterday – the Euro is advancing from its lows last week. (More likely the market ran out of selling from stirred Pollyannas)

Huge Plus Week--IFCN WK 60 -Mon-Equity: $2,568.92

So comes the exit of some hugely profitable trades.

It has been a while since we had so many big profits per market. In the Usd/Chf alone, we made more than 5 times in profit what we were risking on the trade.

Many will think these are outsized gains that can't possibly repeat, but anyone who has been trading FirstStrike for any amount of time knows that this is exactly the way the method

Senin, 19 Januari 2009

Trades Rise Like a Phoenix! -- IFCN Wk 59 –Mon- Equity: $2,159.09

We've got substantially larger profits in just a couple hours of trading this week.How? Courtesy of the FirstStrikePlus trades from last week.Early this morning the dollar's strength became a wave, clicking us into a long usd/chf and a short usd/jpy trade, both with very small stoplosses meaning we have on substantial size for once. Either we will be stopped out quickly or this could be a big

Dollar Stronger---IFCN WK 59 -Mon- Equity: $2,101.55

The dollar was stronger at the beginning of the previous week, yet relaxed a bit by the end of the previous week, causing trades which had decent profits to give them all up. At the end of the week the only decent profit left in the account was from silver, (XAG) which is more of an IFCN position trade than a frequent tradeable. (But, the XAG trade will likely be the biggest profit ever taken

Jumat, 16 Januari 2009

Euro Correction Completing? -- IFCN Wk 58 –Thu- Equity: $2,040.22

The inauguration day draws near. People have positioned themselves as well as they can based on their beliefs of the changes expected to take place economically because of the looming presidency. Remember, the whole "O" campaign was based on "hope."Hope is not a strategy. This leads into an old saying.---If wishes were horses, then beggars would ride--- (Alternate translation: If wishing

Holiday Recap-- Solid Gains Despite Quivering Market Action.

Here is the recap of the trades I've taken through the last few weeks while I took my break from writing.It was great having a little break, but since the markets were still moving, I kept placing the FirstStrike and ONS trades. With quite satisfying results. Nothing spectacular mind you, but a decent increase even with XAG (silver) prices declining somewhat during the period.The last couple of

Senin, 12 Januari 2009

Turbulence - Beware! -IFCN WK 58

The markets have been in an amazing type of tumult.  In aviation, it is called turbulence.Substantial profits have been possible from trading breakout methods recently, but many traders who could be profiting have accomplished little because of the confusing nature of the moves in forex and other major markets.Last week, the Euro was especially weak, while the Sterling was exceptionally strong.  

Kamis, 08 Januari 2009

Best Wishes to All for the NEW YEAR-- IFCN WK 57

It is important to take breaks. Next time I'll try to give some warning. Thanks again to all the well-wishers who wrote to me.
Good to be back-- and especially in a year that shows so much promise. When you have so many markets which are pushed to extremes, the resultant reactions that are inevitable